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The PVC market remained weak
.
Traders continue to ship goods with the market, and the enthusiasm for purchasing is not high
.
In the downstream, factories lack confidence in the future market, and they are mainly cautious and wait-and-see, and it is difficult to release the volume
of real transactions.
Upstream market: Oil prices fell, with U.
S.
crude futures for July delivery down 55 cents, or 1.
1 percent, at $48.
62 a barrel, which fell 1.
4 percent
for the week.
Brent crude futures on the European ICE futures exchange fell 40 cents, or 0.
8 percent, to $49.
64 a barrel, down 0.
6 percent
for the week.
Asian ethylene market prices fell, CFR Northeast Asia prices fell $15 to close at $1054.
5-1056.
5 / ton; CFR Southeast Asia prices fell $20 to settle at $1044.
5-1046.
5/mt
.
The market atmosphere is calm and the transaction is average
.
PVC shipments in the Linyi market are not good, the transaction volume is not large, merchants follow the market operation, and some transaction prices are slightly loosened
.
The quotation of ordinary type 5 calcium carbide excluding tax is delivered at 4860-4900 yuan / ton, and the price of the whole vehicle is slightly lower
.
Hangzhou PVC market shipments are not good, transactions are flat, merchant confidence is insufficient, mainstream prices are temporarily stable, and some are slightly loose.
The PVC market in Hebei has a calm atmosphere, average transactions and stable prices
.
Some quotations in the PVC market fell
slightly.
The volume of goods received by downstream factories is still limited, and the wait-and-see mentality has not improved
significantly.
Most traders operate cautiously and do not have much
volume.
It is expected that the short-term PVC market will still be dominated by weak
finishing.